Amazon Facing Bill for Hundreds of Millions of Luxembourg Back Taxes

Brussels will hit Amazon with a bill for Luxembourg back taxes worth several hundred million euros in the latest fallout from the EU crackdown on tax avoidance by big multinationals. The European Commission’s move, confirmed by several people familiar with the case, comes on the heels of Apple’s record €13bn bill for Irish back taxes last year, which prompted a fierce political backlash from Washington.